EBA withdrawal threatens Kingdom’s bicycle industry

Cambodian bicycle exports to the EU amounted to 1.52 million individual units last year valued at $331 million, according to a World Bank report released on Monday.

The report – called Cambodia Economic Update – revealed that bicycles are Cambodia’s third main export to the bloc after garments and footwear.

The Kingdom’s garment exports to the EU amounted to $3.65 billion last year, with footwear exports amounting to $508 million. Bicycle exports to the EU were valued at $331 million, while milled rice was fourth at $177.5 million.

In full: https://www.phnompenhpost.com/business/eba-withdrawal-threatens-kingdoms-bicycle-industry

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